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The London P&I Club opens representative office in Shanghai’s Pudong free trade zone

The London P&I Club announced the opening of its new Representative Office in Shanghai, located in the city’s dynamic Pudong district – designated by...

The Swedish Club reports strong 2024 results, bolstered by member loyalty and strategic focus

The Swedish Club has delivered strong results for 2024, posting a USD 34 million profit and significantly increasing free reserves to USD 217 million,...

Lianson Fleet to form joint venture with Precious Shipping and Emstraits Navigation

Lianson Fleet Group Bhd has entered into a joint venture agreement with Precious Shipping and Emstraits Navigation. In a filing with Bursa Malaysia on Friday,...

Times are changing for marine insurance, says IUMI President Frédéric Denèfle

Opening this week’s International Union of Marine Insurance (IUMI) annual conference in Berlin (Germany), President Frédéric Denèfle focused on how change was likely to...

Positive development across all lines of marine insurance business continued in 2023, reports IUMI

The International Union of Marine Insurance (IUMI) presented its analysis of the latest marine insurance market trends at its 150th annual conference in Berlin, Germany. The...

London P&I Club reports strong financial results for the 2023/24 financial year

The London P&I Club announced its financial results for 2023/24, reporting an operating surplus of US$36.3m, strengthening its free reserves to US$149.8m. Gross Earned...

The London P&I Club announces CEO transition

The London P&I Club announced that Ian Gooch will be stepping down during the year from the role of Chief Executive Officer after 15...

Ship insurer Britannia is helping in Baltimore bridge probe

Britannia, the insurer of container ship the Dali, is working with the vessel’s owner and U.S. authorities on the investigation into the collapse of...

Insurers could face losses of up to $4 billion after Baltimore bridge tragedy, analyst says

Baltimore’s Francis Scott Key Bridge collapse could cost insurers billions of dollars in claims, analysts say, with one putting it at as much as...

Red Sea Insurance Soars After US Airstrike

The cost of war-risk insurance for vessels sailing through the Red Sea is spiraling, adding a further potential impediment to trade passing through a...

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2020 Bulkers Ltd. (2020) – Results for the third quarter of 2025

2020 Bulkers Ltd. announced its unaudited financial and operating results for the three and nine months ended September 30, 2025. Key events during the third...

Contships: Higher revenue and dividend distribution of 20 million dollars in 9 months

Contships Logistics Corp, owned by Nikolas D. Pateras, recorded a 9% increase in its revenue in the nine-month period. Specifically, it reported revenue of...

Seanergy Maritime reports third quarter and nine months financial results for the period ended September 30, 2025

Seanergy Maritime Holdings Corp., a leading pure-play Capesize shipping company, reported its financial results for the third quarter and nine months ended September...

EuroDry reports results for the quarter and nine-month period ended September 30, 2025 and announces debt financing arrangements for its two ultramax newbuildings

EuroDry Ltd., an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced today its results for the three...

Okeanis Eco Tankers – Unaudited Condensed Financial Statements for the Third Quarter and Nine-Month Period of 2025

Okeanis Eco Tankers Corp. reported its unaudited condensed financial results for the third quarter and nine-month period of 2025, which are attached to this...

Prosafe SE: Safe Caledonia further extended at Captain

Ithaca Energy (UK) Limited has exercised a further seven weeks of options for the...

WALLENIUS SOL and Holmen enter long-term shipping partnership for paperboard exports

WALLENIUS SOL and Holmen have signed a long-term shipping agreement covering exports of premium...

Baltic Index edges up on stronger vessel rates across the board

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving...

Celestyal expands ‘Iconic Arabia’ shore excursion programme

Celestyal has expanded the shore excursion programme for its upcoming new-for-2025 ‘Iconic Arabia’ itineraries...

Amogy and Samsung Heavy Industries sign strategic partnership for manufacturing of amogy’s ammonia-to-power systems

Amogy, a provider of scalable and efficient ammonia-to-power solutions, and Samsung Heavy Industries (SHI)...

Long Beach Board of Harbor Commissioners approves agreement with SCAQMD for Cleaner AirPort

The Long Beach Board of Harbor Commissioners voted unanimously Monday to approve a cooperative agreement with the South Coast Air Quality Management District and...

Piraeus Port Authority participates in 8th CIIE in Shanghai

The Piraeus Port Authority (PPA), whose CEO is Su Xudong, participated in the 8th China International Import Expo (CIIE), the largest international event dedicated...

AD Ports Group signs agreement with CMA CGM Group to acquire minority stake in Latakia International Container Terminal in Syria

AD Ports Group, a leading global enabler of trade, logistics, and industry, signed a Joint Venture and Shareholders agreement with France-based CMA CGM Group,...

A.P. Moller – Maersk strengthens its ties with India

Maersk and APM Terminals deepen their commitment at the India Maritime Week 2025 by announcing the intent to invest in port infrastructure and explore...

Throughput at the Port of Rotterdam falls slightly in the first nine months of 2025

Total throughput in the port of Rotterdam fell slightly by 2.6% in the third quarter of 2025 compared to the same period last year....